Hi Becky,

We do not deduct these expenses currently because the Schedule A instructions and the Regulations say you cannot deduct this. The 1041/k-1 instructions say you can. We asked the IRS and they have not yet answered our question.  Consequently, we take the conservative approach and do not deduct the expenses.

If you would like to deduct the expenses, please enter them in "Other Itemized Deductions" in screen 25. 

Thank you,

Mike D'Avolio